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K. Agbaeze Emmanuel, K. Agbaeze
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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Effect of Corruption on Corporate Governance in Selected Area Offices of Deposit Money Banks in Enugu State, Nigeria Emmanuel, K. Agbaeze; Chukwuma, Isaac Onyeyirichukwu; Ann, Ogbo; Agu, Agu Okoro
International Research Journal of Management, IT & Social Sciences Vol 4 No 2: March 2017
Publisher : International Journal of College and University (IJCU)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21744/irjmis.v4i2.388

Abstract

The study seeks to examine the effect of corruption on corporate governance in selected area offices of deposit money banks in Enugu State, Nigeria. The specific objectives were to; (i) determine the extent to which bribery affects the board of directors’ functions, (ii) ascertain the extent to which fraud affects the managers’ accountability, and (iii) identify the nature of the relationship existing between money laundering and shareholders’ investment in selected area offices of deposit money banks in Enugu State, Nigeria. The study adopted the descriptive survey design. The population of the study was 1197, which comprised the senior and junior staff members of the five selected banks (United Bank for Africa Plc, First Bank of Nigeria Plc, Access Bank Plc, Fidelity Bank Plc, and Skye Bank Plc.). The sample size of 316 was obtained from the population using Freud and William’s formula at 5% error tolerance and 95% level of confidence. Data collection was done via questionnaire and oral interview guide. Simple Linear Regression Analysis and Pearson Product Moment Correlation were used for data analysis.
Co-Authors Agu Okoro Agu, Agu Okoro Isaac Onyeyirichukwu Chukwuma, Isaac Onyeyirichukwu Ogbo Ann, Ogbo